Energy has been the primary factor in the Houston economy since oil was first discovered in the region in 1901.
Houston is home to major US energy firms in every segment.With more than 2.2 million residents, Houston is the most populous city in the state of Texas and America’s fourth-largest city.
The North American LPG Market
Soaring production of LPG resulting from the development of shale gas deposits, has made North America the world’s largest producer and exporter of LPG in a few short years. The region also remains the world’s largest consumer of LPG, as well as the undisputed leader in technical innovation for the industry in areas ranging from power generation to agricultural applications. However, the market does face some headwinds from competition with natural gas, to the unprecedented growth in renewable energy sources, and an unsettled global political environment. All of these dynamics will be on display in Houston.